Assoc. British Foods sales rise 5% in Sept. year

EmilyChurch

LONDON (CBS.MW) -- Associated British Foods
ABF, +1.31%
a U.K. foods retailer, said sales in the year ending Sept. 18 rose 5 percent to 5.2 billion pounds. Pre-tax profit adjusted for items rose 15 percent to 525 million pounds. Looking ahead, it said" "We are well placed for future success with our new yeast businesses giving us further growth opportunities." The stock is a FTSE-100 component.

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